The euro suddenly looks unstoppable, hitting 21-month highs above $1.16 after the European Union set aside differences and agreed a COVID-19 recovery fund. This signal of solidarity, combined with monetary and budget stimulus, could propel the currency to $1.20, some predict.
A much-anticipated deep dive into antitrust allegations against four of America's largest tech companies and recommendations on how to tame their market power could be released by late summer or early fall from the House of Representatives Judiciary Committee's antitrust panel, senior committee aides said.
Asian shares skidded from six-month peaks on Friday as Sino-U.S. tensions soured what had been an upbeat week, while the euro held near a 21-month top against the embattled dollar and gold neared a record high.
Asian shares slipped from six-month peaks on Friday as Sino-U.S. tensions soured what had been an upbeat week, while the euro held a 21-month top against an embattled dollar and gold neared a record high.
Financial markets greeted Friday with a number of milestones as the euro celebrated a 21-month peak against an embattled dollar, while Asian equities paused short of a six-month top and gold neared its highest on record.
A U.S. congressional hearing scheduled for next week to question the CEOs of Facebook Inc, Amazon.com Inc, Google parent Alphabet Inc and Apple Inc is set to be delayed, according to sources familiar with the matter.
A U.S. congressional hearing scheduled for next week to question the CEOs of Facebook Inc, Amazon.com Inc, Google parent Alphabet Inc and Apple Inc is set to be delayed, according to sources familiar with the matter.
Asian markets are set to open mostly lower on Friday as China vowed to retaliate against a U.S. order to close one of its consulates, and the American equity markets fell on gloomy data about its labor market.
The S&P 500 (SNPINDEX: ^GSPC) lost 40.4 points, or 1.2%, on July 23, breaking a streak of positive days in the second half of the month. Today's sell-off came after the Department of Labor reported that 1.42 million people filed for unemployment last week. That's 100,000 h
Wall Street dropped sharply on Thursday as investors fled market-leading tech shares due to mixed earnings reports and growing signs of a worsening coronavirus pandemic, which could exacerbate a deep economic recession.
The dollar slipped to an almost two-year low and gold rose further on Thursday as a gauge of global equities retreated on concerns about a potential probe of Apple Inc, which knocked the wind out of the high-flying tech sector.
Apple (NASDAQ: AAPL) is the latest tech company to face unwanted legal attention. The tech giant is now the target of a multi-state probe involving potential consumer protection violations.
In this episode of Industry Focus: Consumer Goods, Emily Flippen is joined by Fool contributor Dan Kline to discuss the latest innovations happening in the retail and consumer goods space. Innovations have been necessitated and have picked up pace because of the pandemic. Our ho
Senators Amy Klobuchar and Elizabeth Warren and five other Democratic senators on Thursday urged the Justice Department to be cautious in reviewing Google's planned purchase of Fitbit, saying the tech giant had already cemented its dominance in some areas through acquisitions.
The dollar slipped to an almost two-year low and gold rose further on Thursday as a gauge of global equities retreated on concerns about a potential probe of Apple Inc took the wind out of the high-flying tech sector.
Wall Street retreated on Thursday as mixed earnings, a surprise increase in U.S. jobless claims and Washington's tug-of-war over stimulus measures fed risk aversion among investors.
The chief executives of four of the largest U.S. tech companies plan to deflect criticism next week in a Congressional hearing into their use of market power to hurt rivals by saying they themselves face competition and by debunking claims they are so dominant.
Multiple U.S. states are investigating Apple Inc for potentially deceiving consumers, online news site Axios reported on Thursday, citing a March document from a tech watchdog group.
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